Blue Trust Inc. significantly increased its Ferrari stock holdings by 3,806.5% in Q2, owning 1,211 shares worth $528,000.

Blue Trust Inc. increased its Ferrari (NYSE:RACE) stock holdings by 3,806.5% in Q2, owning 1,211 shares worth $528,000. Several other funds, including Outlook Wealth Advisors LLC with $301,000 holdings, also raised their stakes in Ferrari. Ferrari reported a 16.1% revenue increase to $1.71B, topping Q2 estimates, and has a "Moderate Buy" rating with an average target price of $461.67.

August 17, 2024
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